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ORCL

Oracle

$46.29

-0.25 (-0.54%)

17:09
06/19/18
06/19
17:09
06/19/18
17:09

Oracle CEO Catz says cloud revenue becoming larger percentage of overall revenue

  • 19

    Jun

ORCL Oracle
$46.29

-0.25 (-0.54%)

06/14/18
JPMS
06/14/18
DOWNGRADE
Target $53
JPMS
Neutral
JPMorgan downgrades Oracle after CIO survey shows spending contraction
JPMorgan analyst Mark Murphy downgraded Oracle (ORCL) to Neutral from Overweight and lowered his price target for the shares to $53 from $55. The stock closed yesterday down 18c to $48.27. The shares have risen from the $30s into the high $40s over the last two years, but the company's fundamental performance has remained inconsistent, Murphy tells investors in a research note. Further, the analyst notes that in his firm's recent survey of 154 chief investment officers, Oracle received the largest number of indications for planned spending contraction this year, materially more than the second-worst company. The CIOs indicate contraction in Oracle spending this year, placing the company alongside IBM (IBM), Checkpoint (CHKP), and CA (CA), Murphy contends. He notes the results of his firm's CIO surveys over the years "have been highly predictive."
06/14/18
NOMU
06/14/18
NO CHANGE
Target $60
NOMU
Buy
Oracle price target lowered to $60 from $64 at Nomura Instinet
Nomura Instinet analyst Christopher Eberle lowered his price target for Oracle to $60 ahead of the company's Q4 results on June 19. The analyst trimmed his estimates to account for currency and expectations for more modest revenue acceleration in fiscal 2019. He remains optimistic, however, on Oracle's transition and model growth reacceleration as the year progresses. Eberle keeps a Buy rating on the shares, which JPMorgan this morning downgraded to Neutral.
06/14/18
06/14/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Oracle (ORCL) downgraded to Neutral from Overweight at JPMorgan with analyst Mark Murphy saying the shares have risen from the $30s into the high $40s over the last two years, but the company's fundamental performance has remained inconsistent. 2. Kohl's (KSS) downgraded to Neutral from Buy at Citi with analyst Paul Lejuez citing valuation. 3. Toll Brothers (TOL) downgraded to Hold from Buy at Zelman. 4. PGT, Inc. (PGTI) downgraded to Hold on valuation at Gabelli with analyst Alvaro Lacayo citing valuation. 5. XPO Logistics (XPO) downgraded to Neutral from Buy at BofA/Merrill with analyst Ariel Rosa citing limited upside following the recent gain in shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/15/18
KEYB
06/15/18
NO CHANGE
KEYB
Sector Weight
Oracle should report 'in-line' cloud growth for Q4, says KeyBanc
KeyBanc analyst Monika Garg reiterated a Sector Weight rating on Oracle ahead of its June 19 earnings report, telling investors that she believes the company will post "in-line" Q4 cloud growth. While Oracle has "interesting" growth opportunities, she says the company's progress towards cloud is taking longer than expected, and as cloud peers have higher cloud growth from larger bases, additional pressure is placed on Oracle.

TODAY'S FREE FLY STORIES

NCLH

Norwegian Cruise Line

$50.01

2.43 (5.11%)

15:40
07/18/18
07/18
15:40
07/18/18
15:40
Options
Norwegian Cruise Lines options volume is 27X daily average as shares rally »

Norwegian Cruise Lines…

03/08/13
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03/06/13
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KMI

Kinder Morgan

$17.77

0.08 (0.45%)

15:34
07/18/18
07/18
15:34
07/18/18
15:34
Options
Kinder Morgan options imply 4.4% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

MDR

McDermott

$17.99

-0.05 (-0.28%)

15:30
07/18/18
07/18
15:30
07/18/18
15:30
Options
McDermott option volume is 6X daily average and puts lead calls 30:1 »

McDermott option volume…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 31

    Jul

OMC

Omnicom

$70.32

-0.37 (-0.52%)

15:20
07/18/18
07/18
15:20
07/18/18
15:20
Options
Heavy Omnicom option volume likely adjusts open positions »

Heavy Omnicom option…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 09

    Aug

AXP

American Express

$102.70

1.56 (1.54%)

15:19
07/18/18
07/18
15:19
07/18/18
15:19
Options
American Express options imply 5.3% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 18

    Jul

  • 08

    Aug

BPL

Buckeye Partners

$33.37

-1.58 (-4.52%)

15:17
07/18/18
07/18
15:17
07/18/18
15:17
Hot Stocks
Moody's changes Buckeye Partners' outlook to negative from stable »

Moody's Investors…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 03

    Aug

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
07/18/18
07/18
15:17
07/18/18
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
07/18/18
07/18
15:16
07/18/18
15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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PZZA

Papa John's

$50.98

-0.56 (-1.09%)

, WEN

Wendy's

$17.53

0.105 (0.60%)

15:13
07/18/18
07/18
15:13
07/18/18
15:13
Periodicals
Papa John's founder held merger discussions with Wendy's, WSJ reports »

Papa John's…

PZZA

Papa John's

$50.98

-0.56 (-1.09%)

WEN

Wendy's

$17.53

0.105 (0.60%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 18

    Jul

  • 08

    Aug

  • 15

    Aug

CCK

Crown Holdings

$45.16

-0.22 (-0.48%)

15:10
07/18/18
07/18
15:10
07/18/18
15:10
Options
Third day of call buying in Crown Holdings ahead of earnings »

Third day of call buying…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 19

    Jul

BIIB

Biogen

$356.40

1.46 (0.41%)

15:06
07/18/18
07/18
15:06
07/18/18
15:06
Periodicals
Biogen presented as best idea by Alex Denner, CNBC says »

Alex Denner of Sarissa…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 24

    Jul

  • 30

    Jul

  • 31

    Jul

PZZA

Papa John's

$51.02

-0.52 (-1.01%)

, WEN

Wendy's

$17.52

0.1 (0.57%)

15:05
07/18/18
07/18
15:05
07/18/18
15:05
Periodicals
Breaking Periodicals news story on Papa John's, Wendy's »

Papa John's founder…

PZZA

Papa John's

$51.02

-0.52 (-1.01%)

WEN

Wendy's

$17.52

0.1 (0.57%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 18

    Jul

  • 08

    Aug

  • 15

    Aug

IBM

IBM

$144.11

0.65 (0.45%)

, GRPN

Groupon

$4.70

0.07 (1.51%)

15:04
07/18/18
07/18
15:04
07/18/18
15:04
Earnings
On The Fly: What to watch for in IBM's earnings report »

IBM (IBM) is scheduled to…

IBM

IBM

$144.11

0.65 (0.45%)

GRPN

Groupon

$4.70

0.07 (1.51%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 18

    Jul

  • 06

    Aug

EBAY

eBay

$38.08

0.26 (0.69%)

15:04
07/18/18
07/18
15:04
07/18/18
15:04
Options
EBay options imply 10.0% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

15:00
07/18/18
07/18
15:00
07/18/18
15:00
General news
Treasury Closing Summary: »

Treasury Closing Summary:…

ABUS

Arbutus Biopharma

$11.30

-0.05 (-0.44%)

14:58
07/18/18
07/18
14:58
07/18/18
14:58
Conference/Events
Arbutus Biopharma management to meet with Jefferies »

Meetings to be held in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 19

    Jul

MSEX

Middlesex Water

$44.59

-0.04 (-0.09%)

14:56
07/18/18
07/18
14:56
07/18/18
14:56
Hot Stocks
Middlesex Water unit awarded City of Perth Amboy contract »

Utility Service…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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PSXP

Phillips 66 Partners

$51.48

1.51 (3.02%)

14:53
07/18/18
07/18
14:53
07/18/18
14:53
Hot Stocks
Phillips 66 Partners announces 5.3% increase in quarterly distribution »

Phillips 66 Partners…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 27

    Jul

TTWO

Take-Two

$126.13

-0.6 (-0.47%)

14:50
07/18/18
07/18
14:50
07/18/18
14:50
Periodicals
Greenberg presents Take-Two as best idea at 'Delivering Alpha' »

Samantha Greenberg,…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 02

    Aug

  • 06

    Sep

GOGO

Gogo

$3.96

0.2 (5.32%)

14:50
07/18/18
07/18
14:50
07/18/18
14:50
Options
Rebound in shares of GOGO Wireless draws opening put seller »

Rebound in shares of GOGO…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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IBM

IBM

$143.99

0.53 (0.37%)

14:49
07/18/18
07/18
14:49
07/18/18
14:49
Options
IBM options imply 6.6% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 06

    Aug

OMED

OncoMed

$2.40

0.04 (1.69%)

14:48
07/18/18
07/18
14:48
07/18/18
14:48
Conference/Events
OncoMed management to meet with Jefferies »

Meetings to be held in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

GOOG

Alphabet

$1,200.98

2.17 (0.18%)

, GOOGL

Alphabet Class A

$1,217.97

4.32 (0.36%)

14:42
07/18/18
07/18
14:42
07/18/18
14:42
Periodicals
FTC chairman to look 'closely' at EU's move to fine Google, Reuters says »

U.S. Federal Trade…

GOOG

Alphabet

$1,200.98

2.17 (0.18%)

GOOGL

Alphabet Class A

$1,217.97

4.32 (0.36%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 23

    Jul

  • 23

    Jul

  • 08

    Aug

  • 18

    Sep

  • 28

    Oct

PHM

PulteGroup

$30.91

-0.02 (-0.06%)

, DHI

D.R. Horton

$43.21

-0.02 (-0.05%)

14:42
07/18/18
07/18
14:42
07/18/18
14:42
Hot Stocks
Homebuilders fall as housing starts crevice to nine-month low »

Shares of U.S. home…

PHM

PulteGroup

$30.91

-0.02 (-0.06%)

DHI

D.R. Horton

$43.21

-0.02 (-0.05%)

LEN

Lennar

$54.96

-0.59 (-1.06%)

KBH

KB Home

$27.02

-0.46 (-1.67%)

MTH

Meritage Homes

$46.05

-0.9 (-1.92%)

BZH

Beazer Homes

$15.51

-0.13 (-0.83%)

TOL

Toll Brothers

$37.73

-0.31 (-0.81%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 26

    Jul

  • 26

    Jul

  • 26

    Jul

  • 26

    Jul

ADTN

Adtran

$16.05

(0.00%)

, CTL

CenturyLink

$19.54

-0.085 (-0.43%)

14:34
07/18/18
07/18
14:34
07/18/18
14:34
Downgrade
Adtran, CenturyLink rating change  »

Adtran downgraded to…

ADTN

Adtran

$16.05

(0.00%)

CTL

CenturyLink

$19.54

-0.085 (-0.43%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 18

    Jul

  • 08

    Aug

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